News alert: B.R. a finalist to land IBM deal
Daily Report has learned that Baton Rouge is a finalist with one other city in a state outside Louisiana to land a deal that would bring an IBM facility to downtown. Though officials are tight-lipped about the potential deal, sources confirm it would yield more than 500 jobs and would involve a partnership with LSU. Over the past few months, IBM officials have looked at several downtown sites, including the Manship property that formerly housed The Advocate and the Capital One Bank Building, which sources say would be torn down to make way for a new facility and parking garage. A source with connections to LSU, says there were discussions several months ago to potentially have the state build a facility on the university's south campus, with IBM and LSU sharing space. There is no confirmed word on when IBM will make a decision, though multiple sources indicated one was expected within the next month. Officials with LED declined to comment. —Stephanie Riegel
Editor's note: This story has been updated to reflect that it is the Capital One Bank building. An earlier version of this story state the Chase Bank Building. Daily Report regrets the error.
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